Transparent and flexible displays as large as 60 inches expected to be put on market in five years as LG Display named as the manager of the government-sponsored project for transparent and flexible display and applied products.

Seoul, Korea ¶ July 13, 2012 --Transparent and flexible displays as large as 60 inches will be mass-produced in only five years, as LG Display won government’s backing beating its archrival Samsung who demonstrated its flexible and transparent mobile display at the CES 2012.
 

LG Display announced on July 11 that it was chosen as the principal manager of a government project for the development of transparent and flexible display devices sponsored by the Strategic R&D Planning Office and the Ministry of Knowledge and Economy. The company will be leading the consortium which includes 20 other SMEs, universities, and laboratories to work on the development of the displays.
 

The 60-inch super-large OLED flexible display currently in the pipeline is expected to make its debut in around 2017, give or take a few years given that LG has recently unveiled a 55-inch OLED TV. The new display will be four times brighter than the conventional full HD monitor with the radius of curvature 10 centimeters. Currently LG Display has successfully developed a 4-inch OLED flexible display.

When the display is finally available for everyday use, offices will be able to use window panes for teleconferencing and traffic information will be sent out through the windows of a bus stop. When it is brought to a passenger car, the satellite navigation system will be history.
 

The Ministry of Knowledge and Economy expects the project to bring in 82 trillion won of the sales revenue, or US$56-billion exports revenue while creating 84,000 new jobs by the year 2025. The government sponsors 55 billion to 80 billion won during the six-year period of the project to each of the following three major projects: transparent and flexible displays, super-precision continuous production system for printed electronics, and offshore plant for deep-sea resource production.
 

Jeansun Kim (press@whowired.com)